Result of 2025 Annual General Meeting

Victorian Plumbing Group PLC

25 February 2025

 

25 February 2025

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

Result of 2025 Annual General Meeting ("AGM")

Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.

Details of the votes received for each resolution are as follows:

Resolution	For		Against		Withheld
	No. of votes	%	No. of votes	%	No. of votes
1. To receive and adopt the Company's annual accounts for the financial year ended 30 September 2024	289,060,577	100.00%	0	0.00%	1,288
2. To re-appoint Ernst & Young LLP as the Company's auditors.	289,049,169	100.00%	11,408	0.00%	1,288
3. To authorise the directors to determine the remuneration of the Company's auditors.	289,057,790	100.00%	2,536	0.00%	1,539
4. To approve the directors' remuneration policy.	242,248,775	88.71%	30,825,659	11.29%	15,987,431
5. To declare a final dividend of 1.09 pence per ordinary share for the year ended 30 September 2024.	289,059,965	100.00%	0	0.00%	1,900
6. To re-elect Philip Bowcock as a director of the Company.	265,631,821	98.50%	4,043,307	1.50%	19,386,738
7. To re-elect Mark Radcliffe as a director of the Company.	288,991,414	99.98%	66,970	0.02%	3,481
8. To re-elect Daniel Barton as a director of the Company.	288,988,513	99.98%	69,871	0.02%	3,481
9. To re-elect Damian Sanders as a director of the Company.	288,993,240	99.98%	65,144	0.02%	3,481
10. To re-elect Dianne Walker as a director of the Company.	288,993,865	99.98%	64,519	0.02%	3,481
11. To authorise the directors to exercise all powers of the Company to allot Relevant Securities.	288,180,978	99.70%	864,599	0.30%	16,288
12. To authorise the directors to disapply pre-emption rights.*	289,034,000	100.00%	11,244	0.00%	16,621
13. To authorise the directors to disapply additional pre-emption rights.*	289,034,435	100.00%	10,809	0.00%	16,621
14. To authorise the directors to make market purchases.*	289,057,902	100.00%	815	0.00%	3,148

* Passed as special resolutions

Notes:

1.	Proxy appointments which gave discretion to the Chair of the AGM have been included in 'For' total for the appropriate resolution.
2.	Votes 'For' and 'Against' any resolution are expressed as a percentage of votes validly cast for that resolution.
3.	A vote 'Withheld' is not a vote in law and is not counted in the calculation of the percentage of shares voted 'For' or 'Against'.
4.	The number of shares in issue on 25 February 2025 was 327,474,016 with no shares in treasury.
5.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General   Meeting which is available on the Company's website at https://www.victorianplumbingplc.com/investors/key-documents/.

-ENDS-

For further information, please contact:

Victorian Plumbing Group plc Mark Radcliffe, Chief Executive Officer Daniel Barton, Chief Financial Officer	via FTI Consulting [phone]
FTI Consulting (Financial PR) Alex Beagley, Harriet Jackson, Amy Goldup, Lia Bevan	[phone] [e-mail]
Houlihan Lokey UK Ltd (Nominated Adviser) Sam Fuller, Tim Richardson	[phone]
Barclays Bank PLC (Joint Broker) Nicola Tennent, Stuart Muress	[phone]
Canaccord Genuity Limited (Joint Broker) Bobbie Hilliam, Elizabeth Halley-Stott	[phone]

About Victorian Plumbing Group

Victorian Plumbing is the UK's leading bathroom retailer, offering an unrivalled high-quality product range and excellent stock availability to B2C and trade customers.

Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with own and third party brands across a wide spectrum of price points. Victorian Plumbing product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy to drive significant and growing traffic to its platforms.

Headquartered in the North West, Victorian Plumbing employs staff across several locations in the UK.

 

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